An introduction to financial concepts and methods used in contemporary corporate financial decision making. Students learn about the various types of business organizations and financial institutions and their role in the economy. Time value of money concepts are used to value stocks and bonds and to evaluate business proposals. The risk-return relation, the cost of capital, capital budgeting techniques, cash flow estimation, and capital structure are explored.

Evolution of monetary institutions, including the Federal Reserve system, the commercial banking structure and financial intermediaries. Theoretical analysis involving creation of money and its effects on prices, interest rates, and incomes.

This course examines money, financial markets, and financial institutions. The first half of the course covers interest rates, the Federal Reserve, monetary policy, and financial crises. The second half explores financial markets, financial instruments, banking, and other relevant topics. This course demands analytical thinking and the application of economic concepts.

FINC 409 introduces key principles of finance to non-business majors. This course may not be used to satisfy degree requirements for majors in business or agribusiness. Topics covered include financial statement analysis, corporate financial management, time value of money, financial markets and institutions; bond and stock valuation; and capital budgeting.

Designed expressly for new PhD students, this course establishes a robust foundation in essential programming tools, bridging academic theory and applied research skills. Students will be acquainted with Matlab, SAS, Stata, and other programming essentials vital for research in finance and economics. The course offers an introduction to the Wharton Research Data Services (WRDS), emphasizing effective data management techniques within the platform.